Easy Office
LCI Learning

54 B

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 August 2009 A short term capital gain arised by the sale of agriculture land in the muncipal area, If its eligible for exemption under Sec 54 B. Any other section releted to this capital gain?
Profile Image

CA CS CIMA Prakash Somani

Profile Image

CA CS CIMA Prakash Somani (Expert)
24 August 2009 Yes, you are right If you buy Agri land only from the sale proceeds.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess


Answer Query



Quick Links